A Coinbase and GiveDirectly pilot is giving $12,000 in USDC (a stablecoin) to low-income New Yorkers. The program takes inspiration from universal basic income experiments. https://t.co/tXqPX47D3J ...

Market Overview - U.S. stock markets closed higher on November 28, 2025, with all three major indexes extending a multi-day rally, driven by hopes for future interest rate cuts and positive economic data [1][12] - The Dow Jones Industrial Average (DJIA) rose 0.6% to 47,427.12, the Nasdaq Composite (IXIC) increased by 0.7% to 23,214.69, and the S&P 500 (SPX) gained 0.5% to 6,812.61, marking the fifth consecutive session of increases for all three benchmarks [2] Weekly Performance - For the week, the Nasdaq surged 4.9%, the S&P 500 was up approximately 3.7%, and the Dow gained about 3.2% [3] - November was mixed; while the S&P 500 and Dow extended their winning streaks to seven months, the Nasdaq ended down 1.5%, attributed to reassessment of profitability timelines for major AI companies [3] Economic Data - Initial jobless claims decreased by 6,000 to 216,000, below the consensus estimate of 229,000, indicating a strong labor market [5] - Orders for durable goods rose by 0.5% in September, missing estimates, while non-defense capital goods orders increased by 0.9%, a key indicator for business spending [5] Upcoming Events - Market participants are monitoring the potential for another interest rate cut by the Federal Reserve next month, which is a significant driver of market optimism [4] - Kevin Hassett is a key contender for the next Fed Chairman, with an announcement expected from President Trump before Christmas, which could influence monetary policy expectations [4] Individual Stock Performance - Intel (INTC) surged 10.2%, leading the S&P 500, following speculation it could become a foundry supplier for Apple (AAPL) processors [7] - Eli Lilly (LLY) shares slipped 2.6%, giving back some recent gains despite a market cap exceeding $1 trillion due to sales of weight-loss drugs [8] - Nvidia (NVDA) shares slid 1.8% amid competitive concerns, while other tech stocks like Microsoft (MSFT) and Amazon (AMZN) saw gains of 1.3% and 1.8%, respectively [9] Sector Performance - Retailers performed well on Black Friday, with Walmart (WMT), Target (TGT), and Amazon (AMZN) finishing up roughly 1% to 2% [10] - Cryptocurrency-related stocks rose as Bitcoin moved above $90,000, with Marathon Digital Holdings (MARA), MicroStrategy (MSTR), and Coinbase Global (COIN) up by 7%, 5%, and 5%, respectively [11]

🚨 🚨 🚨 649 #BTC (58,823,199 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/V8ci9dkluk ...

Key Takeaways Coinbase is expanding beyond trading with DeFi, stablecoin payments and event-driven markets.RIOT is shifting power resources to build data centers aimed at AI and HPC infrastructure growth.COIN's 2025 EPS is set to rise 5.4%, while RIOT's EPS is expected to drop 164.7% year over year.Bitcoin, the leading cryptocurrency, has surged amid growing recognition as a decentralized, non-sovereign asset and increasing institutional and corporate participation. Supportive U.S. economic policies under P ...

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Recommended Black Friday attire.Free onchain pin with all orders on Coinbase Shop. https://t.co/IWgfzmVMmT ...

Coinbase Global Inc. (NASDAQ:COIN) is one of the most promising stocks with huge upside potential. On November 25, Argus analyst Kevin Heal downgraded Coinbase to Hold from Buy with no price target. The company stands as the top cryptocurrency trading platform, and its dollar-backed stablecoin, USDC (which is the world’s second-largest), is maintaining strong growth. However, Heal noted a significant valuation issue: the stock is currently trading at 39x its expected forward earnings, substantially higher ...

🚨 🚨 🚨 554 #BTC (50,726,823 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/fNBu2vzxKV ...

🚨 🚨 🚨 553 #BTC (51,356,755 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/udfzTohdC0 ...

According to @doomerfied, Coinbase briefly posted and then removed an announcement about the token sale for OpenSea’s SEA token. The post listed a $3.8 billion valuation, a token price of 0.3 USDC, and 5% of supply for sale. Neither Coinbase nor OpenSea have publicly responded. OpenSea previously said SEA would be issued in Q1 2026, with 50% of supply allocated to the community. https://t.co/1ow07c7V1q ...